Thames Freeport opened for business last week with estimates that it will draw £4.5 billion of new investment and create 21,000 skilled jobs, as well as ‘turbocharge’ the region’s green credentials. Positioned on the doorstep of the UK’s busiest ports and the large labour market of London and the south east, the freeport is designed […]
New analysis reveals maritime’s significant impact on the UK economy is £56.4 billion per annum. The figure’s been released at the start of London International Shipping Week which has already seen HMS Albion sail into the Thames (above). The new study, based on 2019 figures, represents a 19% increase from the last time statistics were […]
Fowey Harbour has added a 180m extension to its walk ashore pontoon berthing, which the Fowey Harbour Commissioners says will diversify the commercial activity in the harbour, bringing a boost to the local economy by increasing the harbour’s appeal as a haven for local boats and cruising yachts. The project was a collaboration between pontoon manufacturer, Inland and Coastal Marina Systems (ICMS), local marine […]
Designed to offer yacht ownership to the emerging market of sharing economy customers, Meros, a new co-ownership platform that exclusively uses Sunseeker yachts has launched. The company says the Meros-Sunseeker co-ownership proposition will combine yacht ownership with the convenience of a charter, allowing up to four owners to invest in equal shares in new Sunseeker […]
More than £1bn has been spent on superyachts in 2021 as wealthy people seek to escape covid lockdowns and travel restrictions. The surge will make this year the biggest yet in terms of second-hand sales. According to Stewart Campbell, Boat International, the trend towards buying superyachts, which started last summer, is the ‘hottest sales streak […]
A year since opening its $100m (Aus) 25-acre dedicated superyacht yard on the Coomera River, The Boat Works says it has reached capacity, with slips and sheds booked out months ahead. The Boat Works hauls out 50 vessels per week. Both yards are at capacity, including the superyacht marina built by Superior Jetties and the […]